Market News

Oman share index ends marginally low

(Times of Oman - 5/7/2018 7:40:00 AM)

The MSM30 Index declined 0.15 per cent to close the session at 4,718.48 points. The MSM Sharia Index ended marginally lower at 660.87 points, down 0.02 per cent. Galfar Engineering was the most active stock in terms of volume while Al Sharqia Investment ...

Foreigners resume net buying of Saudi stocks in latest week

(The Peninsula - 5/7/2018 7:31:00 AM)

Foreign investors resumed net buying of Saudi Arabian equities last week by a small margin, after turning net sellers in the previous week, exchange data showed on Sunday.

In the week through last Thursday, foreigners purchased about $21 ...

Bahrain’s GFH Financial hires GIB to seek Saudi listing

(Gulf News - 5/7/2018 7:24:00 AM)

Bahrain-based investment firm GFH Financial Group has hired Gulf International Bank (GIB) to help it seek a cross-listing on Saudi Arabia’s stock market, it said on Sunday.

GFH disclosed plans last year to seek a listing on Saudi Arabia’s stock ...

GFH shines bright as Dubai index bounces back

(Gulf News - 5/7/2018 7:23:00 AM)

The Dubai Financial Market (DFM) General Index bounced back on Sunday after sharp declines over the past three sessions, with Gulf Finance House (GFH), which rose 10 per cent, being the most active stock in trade.

The index advanced 0.83 per ...

Boursa Kuwait wins award at 2018 Banker Middle East

(Arab Times - 5/7/2018 7:04:00 AM)

Building on an already impressive start to 2018, Boursa Kuwait won the ‘Most Improved Company’ award at the 2018 Banker Middle East Industry Awards, held at a gala dinner in the Ritz Carlton DIFC in Dubai on May 3. The award was received by Nasser Al ...

MSM records best trading in April

(Times of Oman - 5/6/2018 8:10:00 AM)

The value of trading at the Muscat Securities Market (MSM) was the highest in April at OMR99.5 million compared to OMR96.4 million in March, OMR55 million in February and OMR52.9 million in January 2018.

In terms of volume, MSM saw an increase ...

Bearish sentiment spreads to Abu Dhabi

(Gulf News - 5/6/2018 8:02:00 AM)

The Dubai Financial Market General Index (DFMGI) continued its relentless and steady decline last week, dropping below the prior weeks low and closing at a 28 month low. For the week the index fell by 94.83 or 3.12 per cent to close at 2,947.99. There ...

QSE benchmark index gained 6.27% in April

(The Peninsula - 5/4/2018 6:56:00 AM)

The Qatar Stock Exchange (QSE) benchmark index gained 537.98 points, or 6.27 percent in April 2018, as compared to the previous month. The index closed the month at 9,111.97 points. The index tumbled 1.65 percent yesterday and closed the week at ...

ADX lists $100m sovereign bond

(The Gulf Today - 5/4/2018 6:30:00 AM)

The Abu Dhabi Securities Exchange (ADX), the region’s leading financial market, listed on Thursday a sovereign bond through a private placement for the Abu Dhabi Fund for Development (ADFD) issued by the Government of Maldives. The bond, denominated in ...

Saudi Arabian bourse to ensure Aramco’s weighting in index is not too big

(Arab News - 5/3/2018 8:19:00 AM)

Saudi Arabia’s stock exchange will ensure the weighting of national oil giant Saudi Aramco in its main stock index is not too large when the company lists its shares, the exchange’s chief executive said on Wednesday.

“We have technical ways to ...